Listening to the IGO quarterly presentation this morning, sounds...

Listening to the IGO quarterly presentation this morning, sounds like they are still doing a review/refresh of their exploration strategy, which they will start releasing details of in the next month or two. They reiterated how important exploration is in the future of the business, and interestingly copper is now the 1st commodity listed on their list of key commodities for exploration.

From BUX quarterly looks like they have approx $1.2m in cash, and seem to run very lean, non exploration costs of approx $170k for the quarter, with the comment "The company is adequately funded to continue its current activities and will continue to demonstrate appropriate fiscal management." There doesn't seem to be any major legal costs, that you would expect if you were in a major dispute with your JV partner.

They are waiting on drilling approvals for Wolverine, sounds like they are looking to do scout drilling there given mineralisation is believed to be from surface.

Anyway seems like they think they are in a position to funds this, and maybe more will be revealed in coming months as IGO refresh details start to be released.